Blue Sky backing for burrito chain

21st Mar 13

Gillian Tan

Blue Sky Private Equity has invested more than $3 million in Australia-based Mexican restaurant chain Beach Burrito Company to help the company expand to up to 20-30 company owned restaurants in the next three to five years. Blue Sky Private Equity, which seeks to invest in rapidly expanding Australian companies, commended Beach Burrito's Managing Director Blake Read for building a profitable business in a time when many restaurants were closing down.